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Market snapshot

Lake Forest, IL

$1,285,000median home price

Data as of March 31, 2026 · 21 sales this period · Source: Redfin

Year over year

-2.3%

Month over month

+25.7%

Days on market

47

Active inventory

72

By property type

How prices differ across single-family, condo, townhouse, and multi-family in Lake Forest.

TypeMedianYoYMoMDOMInventory$ / sqft
All residential$1,285,000-2.3%+25.7%47d72$373
Single-family homes$1,300,000-1.9%+9.9%47d64$373
Condos / Co-ops$525,000-28.5%+98.1%23d5$342
Townhouses$975,000--2d1$430
Multi-family (2-4 units)$825,000--59d-$306

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